Post by
Jaydcrzy on Apr 05, 2019 9:26am
Waiting game
Shorts can now cover close to 13$. Yes eventually these banks will start running algos on level 2 and promoting the stock to turn a decent profit..
The only losers are us techincal traders that didn't have inside information on the price of this deal. I really am getting sick of seeing these huge run ups before earnings or financing. The rich get richer and we get stuck waiting to get our capital back.
At least next time I see a chart like this and news of any type of prospectus I will know what side to be on.
Jayd
Comment by
BillionaireBoy on Apr 05, 2019 9:30am
All this shows me is that Royal Bank and BMO were double dealing against their own clients. They knew about the offer at $13.00 and were selling to their own clients in their investment accounts from $26.40 down to current levels. Highly unethical!